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Oil Prices Fall on OPEC Output Comment
AP/YooHoo! ^
| Monday November 12, 9:40 am ET
| Pablo Gorondi
Posted on 11/12/2007 7:16:10 AM PST by rightinthemiddle
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See, they are our friends.
To: Hydroshock
2
posted on
11/12/2007 7:17:47 AM PST
by
rightinthemiddle
(Without the Media, the Left and Islamofacists are Nothing.)
To: rightinthemiddle
About 12-20% of the ppb is risk premiums.
3
posted on
11/12/2007 7:17:51 AM PST
by
Perdogg
(Elections have consequences.)
To: Perdogg
Yup, maybe more. “Risk” is always perceived.
4
posted on
11/12/2007 7:18:46 AM PST
by
rightinthemiddle
(Without the Media, the Left and Islamofacists are Nothing.)
To: rightinthemiddle
American leftist politicians have put us in this boat. meanwhile the cubans will be sucking down our potential gulf reserves while we are not allowed to tap these (not to mention Alaskan ANWR and the tar sands out west)....thanks to our Liberal congressman and senators.
these b@st@rds should be tried for TREASON!!!!!!!
5
posted on
11/12/2007 7:20:41 AM PST
by
Vaquero
(" an armed society is a polite society" Heinlein "MOLON LABE!" Leonidas of Sparta)
To: Vaquero
I agree.
Watch for the Russians and/or Venezuela to start helping the Cubans with Gulf drilling.
6
posted on
11/12/2007 7:22:30 AM PST
by
rightinthemiddle
(Without the Media, the Left and Islamofacists are Nothing.)
To: rightinthemiddle
FINDING DEAL$ ON GA$OLINE: |
(A work in progress. Please FReepmail other suggestions)
12 Month National Average for Regular Unleaded by AAA.com Gas prices could fall with a TAX CUT, too!
|
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|
To: martin_fierro
8
posted on
11/12/2007 7:25:46 AM PST
by
rightinthemiddle
(Without the Media, the Left and Islamofacists are Nothing.)
To: Vaquero
You are correct of course. How far do we suppose OPEC prices would fall were we to announce we were drilling our own from this point on, AND refining our own?
Socialists in our government, regardless of what letter is in front of their name, who sit by and let Chavez and Castro drill off our shores, not to mention China, but will not allow the most industrialized nation (for now anyway) do the same, are aiming for total Globalization, with the US at the bottom of most things!
9
posted on
11/12/2007 7:27:39 AM PST
by
gidget7
( Vote for the Arsenal of Democracy, because America RUNS on Duncan!)
To: rightinthemiddle
itco already does drill in our gulf.
10
posted on
11/12/2007 7:28:31 AM PST
by
gidget7
( Vote for the Arsenal of Democracy, because America RUNS on Duncan!)
To: gidget7
11
posted on
11/12/2007 7:29:01 AM PST
by
gidget7
( Vote for the Arsenal of Democracy, because America RUNS on Duncan!)
To: Vaquero
American leftist politicians have put us in this boat. Not really.
12
posted on
11/12/2007 7:30:29 AM PST
by
DungeonMaster
(Al Gore, the Jessie Jackson of weather.)
To: rightinthemiddle
13
posted on
11/12/2007 7:30:48 AM PST
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: DungeonMaster
14
posted on
11/12/2007 7:32:43 AM PST
by
Vaquero
(" an armed society is a polite society" Heinlein "MOLON LABE!" Leonidas of Sparta)
To: Vaquero
then who? Do you know what it means to say that oil prices are up because of speculation?
15
posted on
11/12/2007 7:38:13 AM PST
by
DungeonMaster
(Al Gore, the Jessie Jackson of weather.)
To: DungeonMaster; Calpernia; cbkaty; Nervous Tick; ex-Texan; RockinRight; NVDave; Neidermeyer; ...
Economy/Credit/Housing Issues Ping List
If you want on or off this list let me know.
16
posted on
11/12/2007 7:40:23 AM PST
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: rightinthemiddle
I assume you are being sarcastic.
The way I see it: It is not in their best interest to see prices rising too high, as purchasing will drop off. The goal is to squeek out as much money from the consumer, w/o shutting off the flow o dollars.
Releasing more oil calms speculators, prices slow, people purchase more, everyone is happy . . . except for the consumer that continues to pay the rising fuel costs.
17
posted on
11/12/2007 8:09:14 AM PST
by
Bear_Slayer
(When liberty is outlawed only outlaws will have liberty.)
To: DungeonMaster
Yes but if we were glutted with our OWN OIL, this situation would never have reached this point and speculators would be bringing in boom levels of, oh say, $35 a barrel.
18
posted on
11/12/2007 8:11:17 AM PST
by
Vaquero
(" an armed society is a polite society" Heinlein "MOLON LABE!" Leonidas of Sparta)
To: rightinthemiddle
I thought they couldn’t increase output and were operating at capacity?!?!
19
posted on
11/12/2007 8:13:11 AM PST
by
Red in Blue PA
(Truth : Liberals :: Kryptonite : Superman)
To: Vaquero
Yes but if we were glutted with our OWN OIL, this situation would never have reached this point and speculators would be bringing in boom levels of, oh say, $35 a barrel. So you actually believe that our oil producers will refuse to sell to the highest bidder and will only sell oil here? I still don't believe you understand the idea of oil being high on speculation.
20
posted on
11/12/2007 8:13:24 AM PST
by
DungeonMaster
(Al Gore, the Jessie Jackson of weather.)
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